Cardinal Health plans make-whole call for four series via new issue

By Susanna Moon

Chicago, Nov. 7 – Cardinal Health said it plans to redeem four series of notes using proceeds of a $1.2 billion registered public offering.

Cardinal Health plans to redeem all of its outstanding 4% notes due June 15, 2015, 5.8% notes due Oct. 15, 2016, 5.85% notes due Dec. 15, 2017 and 6% notes due June 15, 2017 at make-whole premiums, according to a company press release.

The company said it began a public offering for senior notes due 2019, 2024 and 2044.

Cardinal Health is a Dublin, Ohio-based health-care services company that provides pharmaceutical and medical products.

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